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1200 COUNTY -CITY Bu1LDING <br />227 W JEF ERsoN BOu1 EvARD <br />Sou-m BEND, INDIANA 46601 -1830 <br />November 30, 2010 <br />PiioNE 5741 23 5 -937 1 <br />FAx 574/235 -9021 <br />TDD 5741235 -5567 <br />CITY of SouTH BENi9 STEPHFN J. LuF_cn, MAYOR <br />C®MMuNiTy & EC ®N®MIc DEVELOPMENT <br />.JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />Council Member Timothy Rouse, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Personal Property Tax Abatement Petition for: <br />G.H.S. Corporation d/b /a GHS Strings <br />Dear Council Member Rouse: <br />Please find attached the Department of Community & Economic Development's report on a personal <br />property tax abatement petition for the above - referenced petitioner. Also attached is a copy of the petition, <br />Statement of Benefits form, and supporting information. The project calls for the acquisition and <br />installation of new equipment as part of the company's planned relocation to a new facility located at 6879 <br />Enterprise Drive. <br />The report contains the Department's findings relative to the above petition. G. H. S. Corporation will be <br />transferring, purchasing and installing new and used equipment. All of the used equipment will come from <br />outside the State of Indiana. The total project cost for the equipment is estimated at $600,000 to $1,000,000. <br />The project meets the qualifications for a (5) five -year personal property tax abatement and a representative <br />from G. H. S. Corporation will be available to meet with the Committee on Monday, December 13, 2010. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235 -5535. <br />Sincerely, <br />4, , ) <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />Attachments <br />cc: South Bend Common Council Members <br />Mayor Stephen Luecke <br />Jeff Gibney <br />Don Inks <br />CoMMuN1TY DL'.VF.I.oPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />.PAI.IELA C. MF.YER DONALD E. INKS MANAGEMENT <br />5741235 -9660 574/235 -9371 EUZAB$TH LEONARD <br />FAX: 574/235 -9697 5741235 -9371 <br />